I was the kid who wanted the crust off of a peanut butter and jelly sandwich because I didn’t think it was necessary. “That’s the best part” my mom would say to me as she took a bite! As an adult I understand what she meant, the proverbial crust is the best part sometimes. Similarly, cutting corners with your business …
Before you know it December 31st will be here and that means you’ll have run out of time for major tax savings, which could be available to you if you start strategizing now. The US tax system is based on privilege for the educated and organized — meaning those who are educated and organized tend to pay less taxes — and …
In 2008, Congress passed House Resolution 1499 which recognized the need for the public to understand the importance and benefits of estate planning and designated the third week of October as National Estate Planning Awareness Week. Notably, this Resolution passed without objection on the bipartisan sponsorship of 50 representatives. Nevertheless, according to a 2021 survey conducted by Caring.com, only 33 …
“Top Gun only accepts the Best of the Best,” said Viper to the entering class during the 1980’s iconic “Top Gun” movie. This is also true for AJ Yolofsky which is why we are proud to announce that he has been recognized in the 2023 edition of Best Lawyers in America “Ones to Watch”. He was nominated for his work in …
3 Ways to Protect Your NFT 2. How did you purchase your NFT? Since we are talking about cryptocurrencies, how you purchased your NFT is important. Regardless, if you bought it with cryptocurrency or cash, the government wants to ensure that you are properly taxed. Remember that death and taxes are the two unavoidable things in life. Also, an NFT is considered property …
3 Ways to Protect Your NFT Keeping up with technological advances can be a full-time job in itself. It seems that every day there is a new app, cryptocurrency, or a gadget coming to market. Just looking at the way we store our data and documents has significantly changed from using floppy disks to now storing information on the cloud. …
2020 and 2021 brought uncertainty and had us living in unchartered territories. It is no wonder that according to a study by caring.com, the number of 18-34 year olds with estate planning documents has increased by 50% since the pandemic began. We are all looking for stability in our current lives and protection for the future. This is why more …
We are pleased to announce Yolofsky Law has been featured in the January 2016 edition of Acquisition International. Using the digital publication below, navigate to page 110 to read the full editorial, A Sunny Year in the Sunshine State. For your convenience, the full article text has been provided just below the digital publication https://e.issuu.com/embed.html?identifier=7p9hfob6zztn&embedType=script#0/33171555 Yolofsky Law has developed a three-part “manoueuvre” strategy …
The Entrepreneur’s Guide to Inheriting the Family Business Inheriting a family business can be overwhelming. Even if you knew this day would come, you still don’t feel fully prepared—and business succession is even more complicated if your family members dispute who should be at the helm. While no single resource can prepare you to bear the risks and rewards of …
Divorce can wreak havoc on your finances. What many divorced (or divorcing) couples don’t always realize is that they can expect to face recurring financial challenges during tax season for years after the divorce is finalized. While divorce is often (unfortunately) adversarial, leaving both spouses with animosity in its wake; tax season is an opportune time to put aside those …
